Ira,
I've never heard of it until you wrote this; like you, I read everything I could find online, which isn't much. I'll be curious to know what and where it is. There is a Stagecoach Road SE of Chapel Hill that runs between Farrington Rd and NC 751, more or less in the same area as Old Chatham, with a lot of undeveloped land. But I haven't heard a peep about any golf-related construction in the area.